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LAW OF THE REPUBLIC OF ARMENIA

of December 12, 2014 No. ZR-184

About industrial policy

(as amended on 28-05-2023)

Accepted by National Assembly of the Republic of Armenia on November 19, 2014

Chapter 1. General provisions

Article 1. Subject of regulation of the Law

1. This Law regulates the legal relationship arising during development, implementation of industrial policy, the organization of activities of industrial zones, the relations arising in case of development and realization state and regional development programs of the industry between legal entities, individual entrepreneurs, state bodies.

Article 2. Legislation on industrial policy

1. The legislation of the Republic of Armenia on industrial policy consists of this Law, the Civil code of the Republic of Armenia, the laws and other legal acts governing the customs and tax relations.

2. If international treaties of the Republic of Armenia establish other regulations, than those which are provided by this Law then are effective regulations of international treaties.

Article 3. The basic concepts used in the Law

1. In this Law the following basic concepts are used:

1) industrial policy (further - Yo software) - Yo system of actions directed to carrying out progressive transformations in the industrial sphere according to the state priorities, effective use and development of industrial capacity of the country;

2) objects of industrial policy - Yo legal entities and individual entrepreneurs who are turning out industrial output;

3) the industrial zone - Yo isolated territory which conforms the established this Law to requirements and on which exclusively industrial activity is performed. The industrial zone can have the status of the free economic zone in which exclusively industrial activity is performed and in which business activity is performed according to the features established by the Law of the Republic of Armenia "About free economic zones";

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